
Reading Time: 2 minutesUK: Almost one week after Chancellor Rishi Sunak announced the launch of the Coronavirus Job Retention Scheme, the government has published guidance for employers to claim funding for employee wages.

Reading Time: 2 minutesUK: Walker & Williams, which owns and operates four aparthotels in the north-west of England, has secured a five figure finance package from Lloyds Bank Commercial Banking.

Reading Time: 1 minuteUK: The eighth edition of the Global Serviced Apartments Industry Report (GSAIR), estimates that worldwide serviced apartment supply has increased by 14.75 per cent since 2018 to 1,254,743 units.

Reading Time: < 1 minuteSingapore: Oakwood has promoted Lina Abdullah to the role of regional general manager.

Reading Time: 2 minutesUK: Plans have been made to convert an office building in the welsh town of Newport into an aparthotel building.

Reading Time: < 1 minuteIreland: Staycity, which operates aparthotels across Europe, has negotiated rent freezes where possible its with landlords.

Reading Time: 2 minutesUS/Singapore: Oakwood has postponed the sale of its global solutions business to Dwellworks and is suspending new bookings through its agency arm.

Reading Time: 2 minutesUK: The government has issued guidance to accommodation providers and has advised all those providing commercial accommodation to close.

Reading Time: 2 minutesUS: Furnished apartment provider Zeus Living has joined the growing list of companies in the real estate and travel sectors to lay off a significant portion of its staff.

Reading Time: 2 minutesUS: San Francisco-based hospitality startup Sonder has announced it has laid off 22 per cent of its workforce and furloughed an additional 11 per cent of its staff as the reality of the coronavirus impact on the travel industry bites hard.